Savanna Project
Country South Africa 
Close to Kimberley
Surface 31 km² / 7,593 acres
Print Valuation Travel To Property All neighbouring Properties Mines and deposits nearby All active properties nearby
Develops Diamonds -
Explores for
Last updated on 12/3/2010 - Terms of Use
Risk and valuation analysis of the Savanna Project
Status Risk : Mine development
Country Risk : Important
Title(s) of the Savanna Project
MineMakers Limited
Owner: 100%
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In terms of the agreement signed on 29th November 2007, Bonaparte’s wholly owned South African subsidiary, Samber Trading 115 (Pty) Ltd will acquire 100% of the issued shareholding in Savanna Diamonds (Pty) Ltd (“Savanna”). The cash consideration for more...
History of the Savanna Project
Mining in the areas was initially undertaken in the early 1900’s and then abandoned due to limestone overburden leaving the deposits undeveloped. More recently, with the capability of modern earthmoving equipment the deposits are now accessible and small scale mining on the channel extension in the adjacent property has been in progress for several years.
Geology of the Savanna Project
The diamond bearing gravel deposits on the Savanna property are located within an ancient (>180 million year old or Cretaceous age) river channel that lies in a dolomite country rock which is prone to formation of potholes.
Data last updated on : 12/4/2007
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